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Merged company will enhance and scale up SES’s existing video capabilities to deliver and monetise video services across linear and non-linear platforms

LUXEMBOURG - Wednesday, July 6th 2016 [ME NewsWire]

(BUSINESS WIRE)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) announced today the successful completion of the merger of RR Media (NASDAQ: RRM), a leading provider of global digital media services, with its wholly-owned subsidiary, SES Platform Services.

SES has acquired RR Media for USD 13.291 per share, leading to an enterprise value of USD 242.2 million. The transaction was completed following satisfaction of the closing conditions and receipt of the necessary regulatory approvals.

Trading in RR Media's ordinary shares on the Nasdaq Stock Exchange has been halted as of start of trading on Wednesday, 6 July 2016 and will be suspended effective as of the close of trading on that same day.

The merged company, which will operate as MX ... Read more »

Views: 56 | Added by: uaeonlinenews | Date: 07.09.2016 | Comments (0)

Project Continues to Digitally Preserve Humankind’s Cultural Heritage with Latest Technology

TOKYO & ROME - Friday, July 8th 2016 [ME NewsWire]

(BUSINESS WIRE)-- The Vatican Apostolic Library, Digita Vaticana, NTT DATA Corporation and Canon Inc. today announced their agreement to present special faithful reproductions of a rare 1,600-year-old manuscript to the first 200 people/organizations who donate 500 euros or more to support an ongoing project that is using NTT DATA technology to digitally archive thousands of manuscripts at the Vatican Library. The reproductions will give the beholders the impression of looking at the original masterpiece. Donations should be made to Digita Vaticana (www.digitavaticana.org), a nonprofit organization that raises funds for the Library’s digitization project. Beginning today, reproductions, certified by the Library, can be booked by making a donation, and Digita Vaticana will distribute this special gift to donors ... Read more »

Views: 102 | Added by: uaeonlinenews | Date: 07.09.2016

SES endorses close collaboration between key stakeholders in enabling digitalisation of European economy

LUXEMBOURG - Thursday, July 7th 2016 [ME NewsWire]

(BUSINESS WIRE)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) announced today its endorsement of the “5G Manifesto for Timely Deployment of 5G in Europe”. The document and industry recommendations on 5G will be discussed at the meeting of the European Commissioner G√ľnther H. Oettinger with the CEOs of the leading telecommunications and infrastructure companies in Brussels. The 5G Manifesto intends to foster effective interactions and collaboration with industry verticals, the formation of ecosystems as a result of large-scale demonstrators and an investment-centric policy framework - bringing together the key levers to ensure European digital leadership in 5G and beyond.

“SES strongly believes in Europe’s potential to become the global leader in 5G, permitting the enablement of econo ... Read more »

Views: 81 | Added by: uaeonlinenews | Date: 07.09.2016